Rogers, Arkansas, March 16, 2022 (GLOBE NEWSWIRE) — America’s Car-Mart, Inc. (NASDAQ: CRMT) (the “Company”) announced today that the Company has appointed Brian Stone as Executive Vice President , Procurement and Inventory, starting March 21, 2022.
Mr. Stone joins the company with significant industry experience, including 20 years with CarMax, where he started out in vehicle supply and quickly progressed to leadership roles, including Vice President of Operations, as well as vice president of strategy, mergers and acquisitions. Additionally, Mr. Stone has co-founded digital-heavy startups that involve carpooling and buying cars from the public.
“Brian is an effective and proven leader who enjoys an excellent reputation in our industry,” said Jeff Williams, president and CEO of the company. “His experience aligns well with our current initiatives around improvements through data analytics, remanufacturing, inventory management and leveraging industry partnerships, among other areas of focus. We are delighted to add Brian to our dedicated team and look forward to the impact he will have on our efforts to capitalize on significant market growth opportunities in the years to come.
About American Car-Mart
America’s Car-Mart operates automotive dealerships in twelve states and is one of the largest public automotive retailers in the United States, focused exclusively on the “Integrated Automotive Sales and Finance” segment of the used car market. The company specializes in the sale of quality used vehicles and offers flexible used car financing options for customers with bad credit, no credit, repossessions or even past bankruptcy and puts the emphasis on superior customer service and building strong personal relationships with its customers. . The Company operates its dealerships primarily in small towns in the south central United States, selling quality used vehicles and providing financing to substantially all of its customers. For more information about the US Car-Mart, including investor presentations, please visit our website at www.car-mart.com.